AT&T (NYSE: T) director receives deferred stock unit grant as compensation

Filing Impact

(Neutral)

Filing Sentiment

(Neutral)

Form Type

Rhea-AI Filing Summary

Grier Kelly J reported acquisition or exercise transactions in this Form 4 filing.

AT&T Inc. director Kelly J. Grier reported a routine compensation-related grant of deferred stock units. On April 30, 2026, Grier received 59.2987 deferred stock units tied to AT&T common stock at a reference value of $26.13 per unit, held indirectly through a benefit plan. These units are part of the AT&T Inc. Non-Employee Director Stock and Deferral Plan and will be settled in cash, equal to the value of one AT&T share per unit, after Grier ceases to be a director at times previously elected. Following this grant, Grier has 5,642.9887 deferred stock units held by the plan and 723 shares of common stock held directly.

Insider Trade Summary

2 transactions reported

Mixed 2 txns

Insider Grier Kelly J

Role null

Type	Security	Shares	Price	Value
Grant/Award	Deferred Stock Units	59.299	$26.13	$2K
holding	Common Stock	--	--	--

Holdings After Transaction: Deferred Stock Units — 5,642.989 shares (Indirect, By Benefit Plan); Common Stock — 723 shares (Direct, null)

Footnotes (1)

[object Object]

Key Figures

Deferred stock units granted: 59.2987 units Reference value per unit: $26.13 per unit Total deferred stock units after grant: 5,642.9887 units +2 more

5 metrics

Deferred stock units granted 59.2987 units Grant on April 30, 2026

Reference value per unit $26.13 per unit Deferred stock unit grant price

Total deferred stock units after grant 5,642.9887 units Held indirectly by benefit plan

Common shares held directly 723 shares Common stock position after reported transactions

Conversion price of units $0.00 Deferred stock units have no exercise price; paid in cash

Key Terms

Deferred Stock Units, Non-Employee Director Stock and Deferral Plan, Indirect ownership, Grant, award, or other acquisition

4 terms

Deferred Stock Units financial

"Deferred stock units acquired pursuant to the AT&T Inc. Non-Employee Director Stock and Deferral Plan."

Deferred stock units are promises from a company to give an employee shares of stock at a future date, often after certain conditions are met or after leaving the company. They function like a form of delayed compensation, allowing employees to earn shares over time. For investors, they represent potential future ownership in the company, but do not provide immediate voting rights or dividends until the shares are actually received.

Non-Employee Director Stock and Deferral Plan financial

"Deferred stock units acquired pursuant to the AT&T Inc. Non-Employee Director Stock and Deferral Plan."

Indirect ownership financial

"Deferred Stock Units ... ownership_type: indirect, nature_of_ownership: By Benefit Plan"

Grant, award, or other acquisition financial

"transaction_code_description: Grant, award, or other acquisition"

Form 4 Insider Transactions: What Each Field Means →

05/04/2026 - 04:06 PM

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

Grier Kelly J

(Last)

(First)

(Middle)

208 S. AKARD STREET

(Street)

DALLAS

TEXAS

75202

(City)

(State)

(Zip)

UNITED STATES

(Country)

2. Issuer Name and Ticker or Trading Symbol
AT&T INC. [ T ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director	10% Owner
	Officer (give title below)	Other (specify below)

2a. Foreign Trading Symbol

3. Date of Earliest Transaction (Month/Day/Year)
04/30/2026

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

4. If Amendment, Date of Original Filed (Month/Day/Year)

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	Amount	(A) or (D)	Price		6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
Common Stock								723	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares	8. Price of Derivative Security (Instr. 5)		10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
Deferred Stock Units	⁽¹⁾	04/30/2026		A		59.2987		⁽¹⁾	⁽¹⁾	Common Stock	59.2987	$26.13	5,642.9887	I	By Benefit Plan

Explanation of Responses:

1. Deferred stock units acquired pursuant to the AT&T Inc. Non-Employee Director Stock and Deferral Plan. After the reporting person ceases to be a director, each unit is paid out in cash equal to the value of one share of AT&T common stock at times elected by the director.

	/s/ Johnell C. Holland, Attorney-in-fact	05/04/2026
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

Source: View Original Filing on SEC EDGAR

FAQ

What did AT&T (T) director Kelly J. Grier report in this Form 4?

Kelly J. Grier reported a compensation-related grant of 59.2987 deferred stock units linked to AT&T common stock. These units are held through a benefit plan and increase total deferred stock units to 5,642.9887, alongside 723 common shares held directly.

Is the AT&T (T) Form 4 transaction a buy or sell in the market?

The filing shows no open-market buying or selling by Kelly J. Grier. It records a grant of deferred stock units as compensation, classified as an acquisition, and one holding entry for existing common stock, indicating a routine update rather than trading activity.

How many AT&T (T) deferred stock units does Kelly J. Grier now hold?

After the reported grant, Kelly J. Grier holds 5,642.9887 deferred stock units through a benefit plan. Each unit is tied to the value of one AT&T common share and will be paid out in cash after Grier leaves the board, based on prior elections.

What are the terms of the deferred stock units reported for AT&T (T)?

The deferred stock units were acquired under the AT&T Inc. Non-Employee Director Stock and Deferral Plan. Each unit represents the value of one AT&T common share and will be settled in cash after Grier ceases to be a director, at times elected in advance.

How many AT&T (T) common shares does Kelly J. Grier hold directly after this filing?

Following the reported transactions, Kelly J. Grier directly holds 723 shares of AT&T common stock. This direct holding is separate from 5,642.9887 deferred stock units, which are held indirectly through a benefit plan rather than as actual shares.

Does this AT&T (T) Form 4 indicate any option exercises or tax withholding?

The Form 4 does not report any option exercises or tax-withholding dispositions. It shows a single compensation grant of 59.2987 deferred stock units under a director plan and one holding line for 723 common shares, reflecting a routine position update only.